CBD and cannabis are ticking up, but you aren’t sure where to invest. This is a good question, and it isn’t easy to answer. The following are a few pros and cons regarding both types of stocks to consider.
The Cannabis Option
The cannabis industry is waking up now. Think of the industry as a sleeping giant that’s been pressing the snooze button a bit. Folks who have been paying attention to this industry know the hunger for it is strong, but it is having a hard time reaching customers.
The hoops that cannabis-related companies have to go through are considerably more challenging than other companies. All of this turmoil and uncertainty turn some investors off of cannabis stocks. You know how difficult it can be to invest in an industry filled with other investors. Here, you have an industry without many investors, and that means you have more opportunities to make it big. You just have to be bold and take a chance. Longevity may be the key here in coming out a winner.
Scientific Discoveries Awaiting Cannabis
Studies on cannabis are lacking, and that makes sense. The drug has been illegal for a long time, so no one was interested in investing in experimentation. Cannabis may not be able to open doors as much as CBD, but things are still looking pretty good for marijuana.
Canada just approved the legal use of recreational marijuana, and that means other countries might as well. The more legitimate interest there is in marijuana, the more folks will want to learn about it. There could be untold benefits of using marijuana that the scientific community simply isn’t aware of just yet. When people experiment and learn more about cannabis, the interest in it will peak even higher than it is now.
The Cool Factor Linked to Cannabis
One thing cannabis has going for it is that it’s still cool. Everyone knows it’s the drug you weren’t supposed to use. It’s a plant that many conservatives don’t want others to use. The plant is still talked about in movies, music, and even by stars, which continues to get folks more interested in trying it.
All of these social factors promote marijuana use, and that’s a very powerful thing. On top of what was just mentioned, there’s a new emerging marijuana culture. These folks are coming up with new ways of enjoying marijuana including sophisticated ways. As more people join this subculture, the need to satisfy this growing market will grow. This is another factor that could propel marijuana use as it continues to become legalized throughout the United States.
CBD is Coming in Strong
Legality is a Plus
Cannabis is fighting an uphill battle against various obstacles. Some of these obstacles are caused by people’s perspective on marijuana. Sure, there’s a growing number of people accepting cannabis use, but there’s still a group of conservative people around the world fighting legalization.
It’s different for CBD, which makes investing in CBD stocks a smart choice. According to the experts at Money Morning, CBD is legal in most states and countries. This is likely because CBD isn’t derived from the part of the cannabis plant that most conservatives worry about. Likely, you won’t find traces of THC in CBD, or you won’t find enough to worry about. THC is the ingredient that causes those effects that marijuana is known for.
CBD’s Versatility is Amazing
CBD continues to find uses, which helps the market grow. This is one reason why investing in CBD might be a good idea as opposed to cannabis. Yes, cannabis has the potential to be used in various ways, but that’s still up in the air while CBD is for sure.
CBD has been used in topical ointments, baked goods, wine, gummies, and drinks, just to name a few things. CBD has mild effects on a person, so the chances of someone liking the product is high. Cannabis tends to have stronger effects on some people, which could turn some customers off. Various businesses could continue to spring up, offering variations of CBD, and that’s a good thing as an investor.
Choosing between cannabis and CBD is more difficult than you imagined, but hopefully, these points make it easier to choose. If you don’t want to take a chance, then choose CBD. If you’re willing to be a part of the changing tide, then cannabis could be the right option.